Chart, inflation : CPI at +6,2 % in april

Chart was missing in my first post about the Consumer Price Index for april.

Here it is.

Now, let’s start a little game : how the CPI will evolve in the coming months ?

The index in april stood at 124,6.

It’s impossible to assume that it could fell in may. A reasonable approach would be to apply the previous monthly hikes (1 point in average). So that would push the index in may at 125,6.

May, june and july 2007 had an index at 117,3.

Therefore, the evolution in % of the CPI year on year, would reach +6,2 % in may.

That’s a minimum.

With the oil crisis, the food crisis, and the fact that the prices of many products and services are about to go up… it’s really a minimum.

A CPI at 7 % in june or july (year on year) , can’t be discarded.

0 Responses to “Chart, inflation : CPI at +6,2 % in april”

  1. Leave a Comment

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

Thailand Crisis

Coup, Economic slowdown, Terror In the South... The situation is worsening in Thailand. Bumpy road like often before.

But this time, it's different.

The key to understand the present turmoil is the inevitable... succession of King Bhumibol.

%d bloggers like this: